As more CIOs implement analytics in an effort to become more operationally efficient, global business intelligence (BI) platform, analytic applications and performance management (PM) software revenue reached $12.2 billion in 2011, according to the latest findings from Gartner (News - Alert).
The BI, analytics and PM software market – the second-fastest growing sector in the overall worldwide enterprise software market in 2011 – showed a 16.4 percent increase from 2010 revenue of $10.5 billion, according to IT research firm.
“BI, analytics and PM have been identified as one way to filter vast and growing amounts of information to reach insights and decisions in the digitized world, which is transforming industry after industry,” said Dan Sommer, principal analyst at Gartner... Read More
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